Vestas Wind Systems AS (OTCMKTS:VWDRY) Sees Significant Decrease in Short Interest

Vestas Wind Systems AS (OTCMKTS:VWDRY) saw a significant drop in short interest in January. As of January 30th, there was short interest totaling 62,847 shares, a drop of 61.2% from the January 15th total of 161,798 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 404,632 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 404,632 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Analysts Set New Price Targets

VWDRY has been the topic of several research analyst reports. Kepler Capital Markets downgraded Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research note on Monday. Barclays reaffirmed an “underweight” rating on shares of Vestas Wind Systems AS in a research report on Wednesday, December 3rd. Berenberg Bank cut Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 13th. Finally, DZ Bank raised Vestas Wind Systems AS to a “strong-buy” rating in a research note on Sunday, December 21st. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Vestas Wind Systems AS Stock Performance

Shares of Vestas Wind Systems AS stock opened at $8.60 on Wednesday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.97 and a quick ratio of 0.60. The firm has a market cap of $26.06 billion, a price-to-earnings ratio of 28.67, a price-to-earnings-growth ratio of 1.33 and a beta of 1.16. Vestas Wind Systems AS has a one year low of $3.96 and a one year high of $10.44. The stock’s 50-day moving average is $9.21 and its 200-day moving average is $7.61.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last announced its earnings results on Thursday, February 5th. The energy company reported $0.17 EPS for the quarter, hitting the consensus estimate of $0.17. Vestas Wind Systems AS had a net margin of 4.22% and a return on equity of 24.35%. The business had revenue of $7.40 billion during the quarter, compared to analysts’ expectations of $6.41 billion. Equities analysts predict that Vestas Wind Systems AS will post 0.27 earnings per share for the current fiscal year.

Vestas Wind Systems AS Company Profile

Vestas Wind Systems A/S (OTCMKTS: VWDRY) is a Danish company that develops, manufactures, installs and services wind turbines and related solutions for the global wind energy industry. The company is known for providing complete wind power solutions across a project’s lifecycle, from initial site assessment and turbine design through to installation, commissioning and long‑term operations and maintenance.

Vestas’ product and service offering spans turbine platforms for onshore and offshore wind, along with key components such as blades, nacelles and towers.